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Plug Power call volume above normal and directionally bullish

Bullish option flow detected in Plug Power with 36,138 calls trading, 1.8x expected, and implied vol increasing over 1 point to 74.69%. Mar-23 13 calls and Mar-23 12.5 puts are the most active options, with total volume in those strikes near 21,800 contracts. The Put/Call Ratio is 0.57. Earnings are expected on May 8th.

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Published first on TheFly

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